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Mangalam Seeds Ltd Performance

Today's Low
292.00
arrowIcon
Today's High
321.00
52 Wk Low
178.50
arrowIcon
52 Wk High
367.10


Open

295.1

Traded Value (Cr)

48.82 L

Prev. Close

296.4

VWAP

308.96

Volume

16,183

Face Value

10

Mangalam Seeds Ltd Fundamentals

Market Cap
₹ 336 Cr
P/E Ratio (TTM)
21.91
P/B Ratio
4.98
Debt to Equity
0.76
ROE
22.74 %
EPS (TTM)
14.01
Dividend Yield
0.00%
Book Value
61.60

Click here to know more about Fundamentals

Mangalam Seeds Ltd Financials

Mangalam Seeds Ltd Financials

Mangalam Seeds Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 74.84 % 74.84 % 74.84 % 74.84 %
Retail 20.94 % 21.00 % 20.98 % 21.38 %
Others 4.21 % 4.15 % 4.17 % 3.77 %
FII 0.00 % 0.00 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

74.84%

Retail

20.94%

Others

4.21%

FII

0.00%

Mutual Funds

0.00%

Promoters

74.84%

Retail

21.00%

Others

4.15%

FII

0.00%

Mutual Funds

0.00%

Promoters

74.84%

Retail

20.98%

Others

4.17%

FII

0.00%

Mutual Funds

0.00%

Promoters

74.84%

Retail

21.38%

Others

3.77%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹296.60

PIVOT

resistance-arrow
Resistance
First Resistance₹304.700
Second Resistance₹313.000
Third Resistance₹321.100
support-arrow
Support
First Resistance₹288.300
Second Resistance₹280.200
Third Resistance₹271.900
RSI46.748
MACD2.727
ADX15.498
CCI-18.000

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day5,2867,25744.84
Week6,6213,62160.30
1 Month12,4815,66461.97
6 Months000.00

About Mangalam Seeds Ltd

Manglam Seeds Ltd was originally formed and registered as a partnership firm under the Partnership Act in the name and style of ' M/s Mangalam Seeds Corporation', pursuant to a deed of partnership dated April 01, 2007. The name of the partnership firm was changed to 'Mangalam Seeds' pursuant to supplementary agreement modifying the partnership deed dated July 06, 2011. The Company was incorporated as a public limited company under Part IX of the Companies Act, 1956 with the name of 'Mangalam Seeds Limited' upon conversion of Mangalam Seeds into Our Company vide certificate of incorporation dated September 14, 2011 , bearing registration no. 067128 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli, Ahmedabad. The certificate of commencement of business was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, Ahmedabad on September 26, 2011. Mangalam Seeds Limited, an ISO 9001:2008 certified is engaged in producing and delivering high quality seeds by use of agricultural genetic techniques. Genetic engineering, in simple terms can be explained as modification of an organism's genetic composition by artificial means , often involving the transfer of specific traits, or genes. Genetic engineering provides multifarious benefits, the major highlights being increased yield, drought tolerance, reduced pesticides use and decline in diseases. With a vision of 'Being the most preferred seed brand in India in major crops like cumin seeds, castor seeds, fennel seeds, lucerene seeds, sesame seeds, fodder bajra seeds etc', our Promoter Mr. Mafatlal Patel, with his rich agricultural experience established Mangalam Seeds Corporationn, a proprietorship concern in 2003. Accompanied by technical expertise of our eminent agricultural scientist Dr. I.D. Patel and backed by intense research and development, our Promoter took the next step towards his vision and converted from his proprieto rship concern to partnership in 2007. With handful of hybrids already developed with continuous research and development, our promoters acknowledging the growth prospects the seed industry offers, converted the partnership firm and incorporated in to Company under the name 'Mangalam Seeds Limited' in 2011. At present, the Company is offering a wide range of seeds categorised as 'research seeds' and 'hybrid seeds'. Research seeds are high quality seeds, being produced by a backward integration process and offers natural nutrient qualities. These seeds require intensive research and are also called as pure seeds. Hybrid seeds on the other hand, are produced through open pollination and cross pollination process. As on date we have developed 16 varieties of seeds Further the Company has a collection of around 976 varieties of germplasm in various crops. The products are being marketed under various brand names like Eklavya, Volina, Leetos, Juddo etc. Currently the Company has obtained 15 trademarks and already applied for 65 others to secure these brand names and logos. Liaising/Contracting with individual farmers is one of the major steps in the companies production mechanism. The company further has a well equipped 1 processing plant, 3 packaging units and storage units measuring around 21,000 square feet located in different areas of Gujarat and Rajasthan. The companies growth strategy is majorly defined by one word i.e. 'Research and Development' and the Company makes conscious efforts to produce better and different varieties of seeds. The Company has R&D farms measuring approximately 29.25 acres to carry on its research activities. The company further believes in developing state of art infrastructure and technology and have set up 2 greenhouses and 2 open poly houses and adequate tube wells for un interrupted water supply. The company has strong marketing channels in Gujarat and Rajasthan, comprising of around 154 distributors, more than 1840 dealers and retailers to support marketing. The company is seasonally organizing farmers and dealers meeting including farm demonstration.

Managing Director

Pravinbhai Mafatbhai Patel

Founded

2011

NSE Symbol

Mangalam Seeds Ltd Management

NameDesignation
Mafatlal PatelExecutive Chairman
Pravinbhai Mafatbhai PatelManaging Director
Dhanajibhai PatelExecutive Director
Shah Riddhi NimitIndependent Director
Samir J ShahIndependent Director
Kruti Jay TrivediIndependent Director

Mangalam Seeds Ltd News

Mangalam Seeds announces board meeting date
On 10 May 2024
Mangalam Seeds to conduct board meeting
On 28 March 2024
Mangalam Seeds consolidated net profit rises 63.44% in the December 2023 quarter
Sales rise 148.41% to Rs 52.29 crore
Mangalam Seeds to discuss results
On 6 February 2024
Mangalam Seeds consolidated net profit rises 81.37% in the September 2023 quarter
Sales rise 25.08% to Rs 15.51 crore
Mangalam Seeds to declare Quarterly Result
On 8 November 2023
Mangalam Seeds schedules AGM
On 29 September 2023
Mangalam Seeds consolidated net profit rises 52.15% in the June 2023 quarter
Sales rise 43.89% to Rs 23.18 crore
Mangalam Seeds to table results
On 11 August 2023
Mangalam Seeds to convene board meeting
On 15 July 2023

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Mangalam Seeds Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Mangalam Seeds Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Mangalam Seeds Ltd's share price is ₹301.65 as of May 9, 2024

Mangalam Seeds Ltd's P/E ratio is 21.91 times as of May 9, 2024.

Mangalam Seeds Ltd's most recent financial reports indicate a price-to-book ratio of 4.98, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Mangalam Seeds Ltd's market is 337 Cr as on May 9, 2024.

The current financial records of Mangalam Seeds Ltd show a 22.74% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Mangalam Seeds Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Mangalam Seeds Ltd's 52-week high and low as of May 9, 2024 are ₹321 and ₹292 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Mangalam Seeds Ltd stands at 74.84%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.